Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: bigbob
I am in a conflict with myself. Do I still put money in my 401k for the tax benefits today and pray somebody who isn't hostile to markets comes along someday and fixes this or do I get out today and horde cash??
8 posted on 03/21/2009 8:42:16 AM PDT by lakertaker (Libertarian Party since 1998)
[ Post Reply | Private Reply | To 5 | View Replies ]


To: lakertaker

The “market makers” are going to manipulate the markets until the last dime is wrung out of gullible “retail” investors.

Keep your cash. Better yet, convert it into tangible commodities.

Buy & Hold is toast.


9 posted on 03/21/2009 8:59:56 AM PDT by IDRATHERNOT
[ Post Reply | Private Reply | To 8 | View Replies ]

To: lakertaker

hoarding cash is just about useless if you fear rampant inflation. Ideally you want to convert cash into something that has ‘intrinsic’ value, i.e. something that will increase accordingly with inflation. Gold is probably in a bubble right now, and investing in foreign stocks isn’t really better than investing in domestic ones. At worst it’ll probably be like the 1980’s again in terms of inflation, I seriously doubt we’re gonna hit zimbabwe-territory.


10 posted on 03/21/2009 9:03:36 AM PDT by OH4life
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson